£25k - £250k
- Loan Term – up to 5 years
- Interest charges and fees: variable, reflective of risk
The Business Loans fund provides investments to SMEs of between £25,000 and £250,000.
Loans are provided on a variable interest rate over a period of up to five years. Debentures may be taken and limited unsupported personal guarantees may be required depending on risk assessment. Legal assignment Keyman Insurance Policy may be taken.
Our Business Loans fund is managed on behalf of Finance Yorkshire by FSE Fund Managers Limited
To qualify for a Finance Yorkshire Business Loan you must be paying business rates in the Yorkshire region or wish to relocate.
The funding available is to enable businesses to invest in scaling up activities that will deliver substantial growth impact such as:
- sales & marketing
- hiring new staff
- new product development
- entering new markets
- exporting abroad
- purchasing new equipment
- working capital
- asset acquisitions
The fund is aimed at early stage, established or growing business looking for expansion finance. Businesses looking to apply will need to have a proven business concept with some commercial traction, with projections that the fund can lend against.
Interested? Here’s how to apply:
Send us an enquiry
Send us a summary of your business and funding requirements to firstname.lastname@example.org and our fund managers will check your eligibility.
Finance Yorkshire will contact you
A Finance Yorkshire investment manager will contact you to discuss your enquiry and provide any guidance you need to fill out the application form.
Submit an application form
When asked by the investment manager, you will need to submit a formal application form.
If you have any questions about making an application phone us on 0300 030 6060 or email email@example.com.